Distributed Ventures’ Post

Congratulations to Bill Snyder and team for the rebrand of Vivante Health and GIThrive to #CylinderHealth. We look forward to seeing you continue to transform the world of digestive health. #digestivehealth #virtualcare #healthtech #rebrand

Excited to support Posterity Health in their latest round to increase access to male reproductive health. #startups #healthtech #fertility #fundraising

In recent years, fertility tech has exploded in popularity, so much so that financing fertility treatments have become a sizeable vertical on their own. Many people know that fertility treatment are expensive. A single IVF cycle can cost $30,000 and have an average success rate between 38% and 49%. Most people will need to undergo 2-3 rounds before being successful. It is less well-known that male infertility plays a role in almost 50% of cases in which couples struggle with conception. At Posterity Health, the cost of treating one male usually ranges from $1,000 to $11,000, saving couples thousands of dollars from an unsuccessful IVF treatment. #fertility #ivf #startup #healthtech https://lnkd.in/gTdH-wBj

Congratulations to portfolio company CoverTree on raising $13M for their Series A. They plan on using the funds to continue to expand their insurance products for the manufactured housing industry. We are excited to see the new products the team will be launching! #startups #insurtech #manufacturedhousing #specialtycoverage https://lnkd.in/dUzyFnqZ

We are thrilled to announce the addition of Janet Xu to our team as Senior Principal. Distributed Ventures strives to be the most value-add early stage investor in our portfolio companies’ cap table by combining deep industry expertise with practical, early-stage operating experience. As we continue to build our team with intention, Janet was an ideal profile. She brings rich experience that spans 7 years of venture-backed operations leadership, time spent at Bain & Company, and P&L ownership in a corporate context, Janet is the embodiment of the Distributed Ventures ethos. Janet brings an intellect, analytical rigor, inclination to impact and practicality that strongly resonated with our firm ethos.   Janet – on behalf of our team and our portfolio company founders – welcome! We’re excited to work with you and know you’ll have enormous impact!

This week is #nationalinfertilityawarenessweek, so Distributed Ventures wanted to share some important insights related to the infertility care journey.    - There are over 36,000 OB-GYNs in the United States. - There are fewer than 200 Reproductive Urologists who specialize in male fertility.  - 1 in 6 couples have trouble getting pregnant and >50% of the time there is a male factor involved. - 42% of adults have used fertility treatments or personally know someone who has, compared to just 33% five years ago.    Fertility treatment is an essential part of healthcare, and more couples are demanding access to care.  At the same time, the burden of care falls disproportionally on the woman. We believe the future of reproductive care includes the male partner.   Involving the male early represents a transformational change in reproductive care. Our portfolio company Posterity Health is leading this change as a virtual Center for Excellence. To support their goal of creating end-to-end male care, they have just launched the new Hormone Management Program aimed at supporting male hormonal health.   As Co-Founder and CEO Pam Pure said, “Just as all women are treated by physicians with specialized gynecologic training and expertise, we believe men deserve treatment from male fertility specialists. We offer male fertility expertise through a combination of virtual visits, at home diagnostics, and in-person consults to make our patients feel as comfortable as possible through their journey. Our goal is to eliminate the stigma associated with male infertility and provide men with a place they feel confident in for advice, coaching and recommended treatment.”   We’re so proud to support Posterity Health’s mission in balancing the care journey for households on their fertility journey! We'd love to hear thoughts from you on this topic.    #niaw #fertility #startup #healthtech #benefits

Our team is gearing up for Transform 2024 this week. We have a strong track record of supporting vital innovation in #employersolutions, a core investment focus for our fund. Managing Partner Shawn Ellis and Principal Carolina Rojas will be in attendance to catch up with founders, #HR leaders and friends in the investment community. We’re also excited to showcase two representative portfolio companies that are on the forefront of employer solutions innovation and redefining the employee experience. Meet Mark Simpson, Meet Pillar → Elevating Talent Acquisition with #AI. Explore the future of hiring precision with Pillar. Their AI-driven SaaS solution meticulously modernizes the interview process, facilitating skill-based candidate comparisons for discerning hiring decisions, a true testament to the evolution of talent assessment. Meet Danny Aronson, Meet Tuned → Pioneering Preventive Hearing Benefits A notable presence in our portfolio, Tuned is the first preventive and comprehensive hearing benefit provider with an emphasis on proactive well-being. Elevate your team's health standards with Tuned at the forefront. Engage with us at Transform 2024 — a platform where meaningful discussions on the future of employer solutions take center stage. Let's delve into the nuanced landscape together. We express our sincere gratitude to Samara Jaffe for facilitating our involvement in this opportunity! #Transform2024 #Innovation #technology #Community #FutureofWork

Today we are thrilled to share that our portfolio company, Tuned; the first preventive and comprehensive hearing benefit provider has secured a $3.2M seed extension led by employee benefits leader, Unum with participation from our firm. This brings their total funds raised to $8.2M. With 50 million Americans experiencing hearing issues, and 60% of those are within the current workforce, this has created a massive cost burden on employers with hearing loss costing up to $9,100 per person annually. These statistics show a major gap in the #employeebenefits arena where Tuned provides the leading solution. Tuned is the only #telehealth platform that supports hearing care across the entire continuum from prevention to intervention. Today, Tuned’s platform is available to more than 1.4 million people. With this additional funding, the team at Tuned will be focused on scaling their commercial team and audiologist roster to support more employers and the development of new offerings. We are proud to work with CEO, Danny Aronson and the incredibly dedicated team at Tuned as they continue to transform the hearing health benefits market. Also, big thanks to Aaron Weitzman for covering this story! You can read more about their fundraise here. Axios Story by Aaron Weitzman - https://bit.ly/3UKBTse Press release - https://bwnews.pr/3wt87ht #hearingloss #preventativehealth #digitalhealthcare